CNH Industrial (NYSE:CNH) Price Target Lowered to $15.00 at UBS Group

CNH Industrial (NYSE:CNH) had its target price trimmed by UBS Group from $16.00 to $15.00 in a research report report published on Thursday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.

Several other brokerages have also weighed in on CNH. Raymond James Financial dropped their price objective on shares of CNH Industrial from $15.00 to $14.00 and set an “outperform” rating on the stock in a report on Wednesday, October 22nd. Barclays lowered their price objective on CNH Industrial from $16.00 to $14.00 and set an “overweight” rating on the stock in a research report on Monday, October 20th. DA Davidson decreased their price target on shares of CNH Industrial from $13.00 to $10.00 and set a “neutral” rating for the company in a research report on Tuesday. Truist Financial reiterated a “buy” rating and set a $13.00 price objective (down previously from $14.00) on shares of CNH Industrial in a research report on Monday. Finally, Weiss Ratings cut CNH Industrial from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, CNH Industrial currently has a consensus rating of “Moderate Buy” and an average price target of $13.67.

CNH Industrial Stock Down 0.7%

Shares of CNH traded down $0.08 during trading on Thursday, reaching $10.03. The company’s stock had a trading volume of 13,113,932 shares, compared to its average volume of 16,403,734. The company has a quick ratio of 10.34, a current ratio of 12.33 and a debt-to-equity ratio of 3.52. The company has a fifty day moving average of $10.63 and a two-hundred day moving average of $11.98. The company has a market cap of $12.50 billion, a price-to-earnings ratio of 15.42 and a beta of 1.52. CNH Industrial has a twelve month low of $9.00 and a twelve month high of $14.27.

CNH Industrial (NYSE:CNH) last released its earnings results on Friday, November 7th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.05). CNH Industrial had a net margin of 4.55% and a return on equity of 10.79%. The business had revenue of $4.40 billion for the quarter, compared to analysts’ expectations of $4.22 billion. During the same period last year, the firm earned $0.24 EPS. The company’s revenue was down 5.5% compared to the same quarter last year. CNH Industrial has set its FY 2025 guidance at 0.440-0.50 EPS. On average, sell-side analysts predict that CNH Industrial will post 0.7 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Howard W. Buffett acquired 4,100 shares of CNH Industrial stock in a transaction dated Wednesday, November 12th. The stock was bought at an average cost of $10.29 per share, with a total value of $42,189.00. Following the completion of the transaction, the director directly owned 33,403 shares of the company’s stock, valued at approximately $343,716.87. This represents a 13.99% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Vagn O. Sorensen bought 10,385 shares of CNH Industrial stock in a transaction dated Tuesday, November 11th. The shares were bought at an average cost of $9.62 per share, for a total transaction of $99,903.70. Following the completion of the acquisition, the director owned 40,396 shares in the company, valued at $388,609.52. This represents a 34.60% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 20,485 shares of company stock valued at $200,173 over the last ninety days. Insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On CNH Industrial

Several institutional investors and hedge funds have recently modified their holdings of CNH. Quent Capital LLC purchased a new position in CNH Industrial during the 3rd quarter valued at about $27,000. Twin Tree Management LP increased its position in shares of CNH Industrial by 1,068.0% in the 1st quarter. Twin Tree Management LP now owns 2,362 shares of the company’s stock valued at $29,000 after purchasing an additional 2,606 shares during the last quarter. Clearstead Advisors LLC lifted its position in CNH Industrial by 132.7% during the 3rd quarter. Clearstead Advisors LLC now owns 3,374 shares of the company’s stock worth $37,000 after acquiring an additional 1,924 shares during the period. Brooklyn Investment Group increased its holdings in shares of CNH Industrial by 218.3% in the 1st quarter. Brooklyn Investment Group now owns 3,390 shares of the company’s stock valued at $42,000 after purchasing an additional 2,325 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its stake in shares of CNH Industrial by 77.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 4,036 shares of the company’s stock worth $44,000 after purchasing an additional 1,763 shares during the last quarter. Institutional investors own 59.88% of the company’s stock.

CNH Industrial Company Profile

CNH Industrial NV is an equipment and services company, which develops, manufactures and sells specialized machines and services for the farming and construction industries, and supplies replacement parts and accessories. It operates through the following operating segments: Agriculture, Construction, and Financial Services.